24.12.2024 13:00:00
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PayPal Is Skyrocketing, but Here's 1 Warning Before You Buy the Stock
PayPal (NASDAQ: PYPL) is finally starting to attract some bullish sentiment from the investment community. At its 52-week low in April earlier this year, shares were trading a gut-wrenching 80% below their peak from July 2021. But in the past six months, they have soared 50% (as of Dec. 17).Investors might be inclined to buy this fintech stock in hopes of riding the momentum as we set our sights on 2025 and beyond. But here's one warning you can't miss.One obvious warning PayPal shareholders must heed is just how competitive the payments landscape has become. Visa and Mastercard get a lot of attention because of their duopolistic position in the credit card processing niche. However, numerous fintech platforms exist and they're all trying to capture a larger chunk of the growing digital-payments space.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Aktien in diesem Artikel
eBay Inc Cert Deposito Arg Repr 1 Sh | 37 150,00 | -1,20% | |
eBay Inc. | 62,65 | 2,65% | |
PayPal Inc | 83,18 | -1,08% |